The report argues that the additional investment costs of low carbon patterns of growth in developing countries may not be prohibitive, and that the co-benefits of low carbon patterns of growth are significant, indicating strong synergies with development objectives.
This study involved reviewing the evidence from the economics of climate change literature to assess the extent to which developing countries can move towards low, or lower, carbon patterns of growth, without compromising economic growth. In addition, the study explored the impact of climate change on economic growth, and the investment needs for increasing climate resilience to ensure continued economic growth in future years.
This report was produced as part of the DFID funded study: Stocktake of RECCS and Low Carbon Growth Studies.
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